Closed: $8.1MM First Mortgage in Brooklyn, NY
This multifamily building was in a highly desired location, and they needed to close FAST. The investor had no income report, Bank says NO, we say YES! and we moved forward on this collateral-based mortgage. We made it happen in five business days for a quick close.
Closed: $2.5MM First Mortgage in Atlanta, GA
Property Type Industrial - Warehouse Rentable Building Area 19,440 SF Year Built 1952 Loan Terms: Refinance Loan Amount: $2,500,000 Term: 5 Years Interest Only
Closed: $5.5MM First Mortgage in Los Angeles, CA
The loan is structured with a 36-month initial term and two 12-month extension options. It is full-term interest-only. Leverage: 71.0% loan-to-cost Term: 3-year initial term, with two 1-year extension options Amortization: Interest-Only for entire term Guaranty: Non-recourse with standard carve-outs
Closed: $3.2MM Vineyards, TX
Nestled on over 21 acres, the property comprises 3 buildings inc the Wine Cave for wine and spirits tasting, Villa building, SFR Home (tenant), several vacation/corporate rentals, ample shop/storage space. Term: 5 years Amortization: Interest Only LTV: 75% of appraised value
Closed: $12.5MM Agricultural Property - Commercial Greenhouse
Term: 3 years Amortization: Interest Only LTV: 75% of appraised value Prepayment: Yield maintenance with 1% minimum; open at par 3 months prior to maturity Guaranty: Non-recourse with standard carve-outs
Closed: $1.8M First Mortgage in Multi Family in Flushing, NY
Term: 24 Months Loan Position: 1st Deed of Trust Purpose: Bridge Loan Detached 3 Family / With Separated Utilities For All Apartments. The Whole House Has Been Completely Renovated, Basement Full Duplex With 1th Floor , 1 Floor: 3 Bedrooms Full Bath-Kitchen-Lr/Dr.Duplex With Basement. 2 Floor: 3 Bedrooms Full Bath-Kitchen-Lr/Dr. 3 Floor: 3 Bedrooms Full Bath-Kitchen-Lr/Dr.
Closed: $540,000 SFR Refinance in Tyrone, GA
Loan Amount: $540,000 Loan-to-value (LTV): 80% Type of Loan: Refinance Date Closed: 3/11
